Jesse Wade

Jesse Wade, CBE, is an economist and director of tax and trade policy analysis for NAHB. His work focuses on analysis of state and federal tax data, international trade, and building materials. He additionally focuses on local area analysis, such as the NAHB Home Building Geography Index (HBGI). Previously, Jesse served as an economist in the NAHB Forecasting and Analysis Department. Prior to NAHB, Jesse worked as a research associate at the Center for the Study of Services. He holds a master’s degree in applied economics from the University of Maryland and a CBE - Certified Business Economist (the certification in business economics and data analytics developed by the National Association for Business Economics).

    Multifamily Absorption Rates Move Higher

    Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that demand for newly completed multifamily units remains solid as mortgage rates continue to climb. Only an estimated 39% of the 82,310 unfurnished apartment units completed in the first…

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